Money keeps the focus of many blog networks
Yet again. money is cited as the main reason for running a blog network.
Jeremy lists some questions that anyone wanting to join a network should ask.
His question 5 is: How much are you currently paying out to bloggers (as a whole) every month, and how much has that amount been growing by monthly?
That’s not a bad question, but his answer closes with the statement “What you don’t’ want to see is a 1-year old network with 50 blogs and 30 bloggers only paying out 500$”
That’s a very fixed outlook, probably based on b5media’s growth pattern and expectations.
And, apparently, in question 7: What is the exit strategy?
Jeremy tells us that “every blog-network wants to get bought out”
Huh? Since when? Blue Fish Network is fiercly independent, and always will be. Always. Yes, really.
Yet again it displays a very narrow view of ‘network’ - then again, Blue Fish isn’t really a blog network anyway.
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April 30th, 2007 at 1:19 pm
Andy, my point on revenue is that if a network is 1 year old, has 50 bloggers and is only paying out 500$/month … That’s an average of 15$/month/blogger.
My comment actually encourages bloggers to get in on the ground floor though! Don’t be afraid of small pay schemes, just be aware.
And while Blue Fish might not want to get bought, I doubt you’d turn down a 1M$ cheque either